Nigerian artistes’ revenue on Spotify grew by 74% in 2022, raking over ₦11 billion

At the end of 2022, Nigerian artistes generated over ₦11 billion in revenue via Spotify, recording a 74% increase from the previous year.

Moove raises $76 million in new funds to fuel further global expansion

The latest investment led by Mubadala Investment Company brings Moove's total funding to $335 million across debt and equity

World Bank pauses financing to Uganda over anti-LGBTQ law

On Tuesday, World Bank announced that it will not provide new loans to Uganda due to its anti-LGBTQ laws. “Uganda’s Anti-Homosexuality Act fundamentally contradicts the World Bank Group’s values,” the Bank said in a statement seen by thecondia.com.

Credley launch new product to help startups increase employees benefits

The dynamic feature empowers companies to provide their staff with exclusive deals, benefits, and even an inflation allowance, all within Credley’s innovative platform.

Spotify introduces its AI DJ feature in 18 African countries

Spotify has announced the roll out of its AI feature 'DJ' to its premium subscribers in 18 African countries including Nigeria, South Africa and Ghana, six months after launching the feature in North America.

Elon Musk’s X rolls out Ads revenue sharing for verified accounts in Nigeria

X (formerly Twitter) has rolled out its Ads revenue sharing model in Nigeria. On Tuesday, several users in the country confirmed receipt of the first payout.

Glovo and Chowdeck named as delivery partners to West Africa’s largest QSR chain

West Africa's largest quick service restaurant (QSR) chain Chicken Republic has announced Glovo and Chowdeck as its delivery partners in the country.

Big Cabal Media cuts 19% of its workforce, cites “harsh market conditions”

Pan-African media company Big Cabal Media has downsized its workforce by 19%. The company intends to double down on its tech media publication and data analytics arm.

Here’s what happened at Nigeria’s FinTech Forum 2023 event

The Nigerian FinTech Forum annually provides a veritable platform for discussions and deal-making between leading financial technology stakeholders.

Tinubu nominates CcHUB CEO ‘Bosun Tijani for ministerial role

Nigerian President Bola Tinubu has nominated CcHUB co-founder and CEO 'Bosun Tijani for a yet-to-be disclosed ministerial role in his administration.

South African venture capital firm, REdimension raises more than $10 million for proptech fund

REdimension Capital, a South African real estate venture capital firm, has announced the first close of its inaugural fund, the REdimension Real Estate Technology and Sustainability Fund I.

Flutterwave rebrands Send App, expands remittance to U.S. and Canada

Flutterwave, Africa’s leading payments' technology company, today announced the enhancement of its $end Mobile product, to Send App by Flutterwave.